Deals Rumor Mill: Tsinghua, Staples, Dali Foods

By Benjamin Horney (November 16, 2015, 6:05 PM EST) -- Chinese state-owned Tsinghua Unigroup Ltd. has plans to invest 300 billion yuan ($47 billion) over the next half-decade in an attempt to become the world's third-biggest chipmaker, according to a Monday report from The New York Times. According to the report, Tsinghua, which is already China's top microchip maker, will look to make deals with various chipmakers throughout the world over the next five years in order to grow its business and become a top three global player in the industry. The company is already in talks with a U.S. chipmaker, the report noted, though the identity of the target company was not disclosed. The current No. 3 chipmaker in the world is Qualcomm Inc., which sits behind Samsung Electronics Co. Ltd. and market leader Intel Corp., the report said....

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